Truist Securities Maintains Buy on Vital Energy, Lowers Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Vital Energy (VTLE) but lowers the price target from $86 to $77.

April 05, 2024 | 5:28 pm
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Truist Securities maintains a Buy rating on Vital Energy but lowers the price target from $86 to $77.
The adjustment in price target by Truist Securities reflects a revised valuation outlook for Vital Energy, while the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This could lead to mixed reactions in the short term, as the market digests the lower price target against the backdrop of sustained analyst confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100